As a general statement, the market for jumbo loans, those over the conforming loan limit set by the FHA for a particular market, are easier to get today than they have been in the past. This doesn't mean there aren't substantial qualification factors, but there are...
If you have a regular job and you aren’t in the habit of sticking to a bi-weekly or monthly budget, it may be normal for you to experience a shortage of money in between paychecks. When this occurs and you don’t have enough cash saved up to tide you over, instead of...
A 15 year fixed rate mortgage calculator is a very handy tool that can easily show a homeowner the pros and cons of refinancing from a 30 year fixed mortgage. It can also be helpful for a new home buyer who may be considering choosing a shorter mortgage term to cut...
One of the first obstacles that many first-time home buyers and home buyers with lower income face, is the challenge of trying to obtain a conventional home loan. These individuals typically do not have the necessary credit score of 620 or above, or they may not have...
For most people, college doesn’t just mean getting a job. It also means paying off student loans. If you’re in the same boat, here are a few tips to help you out: Pay more than the minimum Going beyond minimum payments is the best way to reduce your debt. Figure out...